Is Capitalism a Good Idea?

Write a 2-3-page paper answering the question, “Is capitalism a good idea?” 

Requirements:

            Times New Roman, 12 pt font, Double Spaced,

Formatted correctly (See lecture notes)

Must use evidence from several sources to support argument

Must cite sources used (in text and in Works Cited page)

Typed Draft due Tuesday 

This is an excerpt from a documentary titled “Life and Debt”.  Here are some things to remember when you are watching the clip. 

Does free trade benefit developing countries?

Who does free trade benefit?

Youtube clip

https://www.youtube.com/watch?v=UzYGaFv1ryo

This website, “Economy Watch” has a description of the advantages of market economies.  It describes a “socialist” economy which is not exactly the correct term for a type of economic system.  However what it describes is a command economy.

http://www.economywatch.com/market-economy/advantages-market-economy.html

This guy is kind of wacky but in about 14 minutes he describes the philosophies and histories behind why some countries have the economic systems that they have. 

https://www.youtube.com/watch?v=B3u4EFTwprM

The following website/page is from Columbia University.  It describes the different theories of capitalism.

http://capitalism.columbia.edu/theory-capitalism

Article on why capitalism works and socialism doesn’t

http://bobzermop.hubpages.com/hub/Why-capitalism-works-and-socialism-doesnt

Great article by Richard Branson on why markets make us all rich and how to be a successful entrepreneur!

http://www.dailymail.co.uk/news/article-1061463/In-defence-capitalism-Richard-Branson-argues-free-markets-enrich-gives-tips-YOU-success.html

Hello Class,


This is a new way that I am going to engage with students.  Hopefully this can be beneficial for all of us.  10 bonus points for students who respond to this post with the answer to the following question. 

What is the most important thing for students to be successful in the Early College Academy?

Mr. Bergstrom